SIDBI entered the venture debt market

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SIDBI (Small Industries Development Bank of India) has entered the venture debt market. According to Sivasubramanian Ramann, chairman and managing director of SIDBI, the organisation has also made four debt investments in this sector.

Attending the IVCA Conclave 2023, Ramann talked about SIDBI’s current plans by saying, “Along with equity investments, we are talking about the ability to provide debt. Even today, many banks are unable to provide debt to businesses due to regulatory constraints. As a result, SIDBI has taken on venture debt. It’s a small start, but I believe we’ve made four investments with the help of the partnership that has grown among all of you.”

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SIDBI entered the venture debt market

SIDBI (Small Industries Development Bank of India) has entered the venture debt market. According to Sivasubramanian Ramann, chairman and managing director of SIDBI, the organisation has also made four debt investments in this sector.

Attending the IVCA Conclave 2023, Ramann talked about SIDBI’s current plans by saying, “Along with equity investments, we are talking about the ability to provide debt. Even today, many banks are unable to provide debt to businesses due to regulatory constraints. As a result, SIDBI has taken on venture debt. It’s a small start, but I believe we’ve made four investments with the help of the partnership that has grown among all of you.”

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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